UK’s competition regulator has killed more deals than the EU’s watchdog since 2019 M&A The Competition and Markets Authority (CMA) has blocked more tie ups than the European Commission every year bar one in the past five years.
Co-op Bank says transformation plan ‘materially complete’ ahead of agreed £780m Coventry merger Banking The Co-operative Bank has said its multi-year transformation plan is "materially complete" as the lender progresses with an agreed £780m takeover by Coventry Building Society.
Silverwood Brands issues ‘bumpy ride’ warning as Lush exit completes Retail Silverwood Brands has warned its latest financial figures will reveal it experienced a "bumpy ride" during 2023.
Trinity Exploration and Touchstone Exploration set to merge in all-share deal May 1, 2024 In joint statements issued this morning, Touchstone said it would acquire the entire issued and to be issued ordinary share capital of Trinity in a deal with £24.1m.
Safety equipment firm Halma acquires MK Test for £44m May 1, 2024 Safety equipment company Halma has acquired electrical testing technology firm MK Test for more than £40m, it has been announced.
BBVA approaches TSB owner over £60bn Spanish bank merger April 30, 2024 Banco Bilbao Vizcaya Argentaria (BBVA), the second-largest bank in Spain, has approached smaller domestic rival Banco Sabadell over a merger that could create a group worth roughly €70bn (£60bn).
BabaBoom: Top executive at Cosy Club owner Loungers to sell her kebab restaurant chain April 29, 2024 One of the top bosses at Cosy Club owner Loungers has put the restaurant chain she founded up for sale.
Muji owed up to £85m ahead of being rescued out of administration April 24, 2024 The European arm of Japanese retailer Muji collapsed into administration owing up to £85m before a rescue deal was agreed, it has been revealed.
Redmayne Bentley to acquire clients from Everton FC broker Blankstone Sington as special administration continues April 23, 2024 The private client business of wealth management company Blankstone Sington, which has been in special administration since October 2023, is to be acquired by Redmayne Bentley.
Almost 500 jobs saved as private ambulance company sold out of administration April 22, 2024 Almost 500 jobs have been saved after a private ambulance company was sold out of administration.